Answer:
The owner will pay in property taxes the sum of:
= $3,321.
Explanation:
a) Data and Calculations:
Assessed value of property = $185,000
City tax rate = 8.8 mills
County tax rate = 9.3 mills
School board levy = 6.5 mills
Total property rate = 24.6 mills
Homestead tax exemption in Florida = $50,000
Taxable property value = $135,000 ($185,000 - $50,000)
Property tax liability = $135,000 * 24.6/1,000 = $3,321
Answer:
$44, 928
Explanation:
There are 64 employees in the company.
each employee costs $585 per month.
The total cost for all 64 employees per month will be
=64 x $585
=$37,440
The annual expenditure of employees insurance
= Monthly costs x 12
=$37,440 x 12
=$449,280
A 10 percent savings will be
=10/100 x $449,280
=$44, 928
The problems with price gouging laws that keep prices low are:
- Price gouging laws do nothing to address the underlying issues that cause shortages after a disaster. In fact, they often make the problem worse.
- When prices rise after a disaster, producers are encouraged to produce more of the good and bring it to the disaster area; price gouging laws short circuit this effect.
Here are the options to this questions:
- Price gouging laws reduce shortages after a disaster by keeping prices low.
- Price gouging laws do nothing to address the underlying issues that cause shortages after a disaster. In fact, they often make the problem worse.
- When prices rise after a disaster, producers are encouraged to produce more of the good and bring it to the disaster area; price gouging laws short circuit this effect.
- When prices rise after a disaster, consumers are encouraged to consume less of the good and leave some for others to purchase; price gouging laws short circuit this effect.
- Price gouging laws keep prices low after a disaster. This forces producers to produce more of the needed goods
- Price gouging laws keep prices low after a disaster. This forces consumers to buy less of the good than they otherwise would
Price gouging is when the price of a good or a service is increased to very high levels when the demand for the product is higher than the supply of the product. Price gouging usually occurs after an event. For example, after a natural disaster.
In order to prevent price gouging, the government can set a price ceiling. A price ceiling is when the maximum price for a good or service is set by the government. When prices are prevented from rising above a particular price, this benefits consumers as they would be able to purchase goods at a cheaper price. But producers would be disadvantaged because their profit margins would fall. This can lead to a shortage problem as demand would exceed supply.
To learn more about price gouging, please check: brainly.com/question/10477659?referrer=searchResults
In early America, a traditional market structure existed when people bartered goods they produced for goods they needed.
Explanation:
Bartering is the mechanism between two entities without the use of cash in the exchange of trading products or services. When people trade, they are all benefited by receiving goods or services that they need or want.
Bartering does have a benefit as there is something that even people with no money could get for them. Bartering may include exchanging an object for a service.
For eg, in return for a tin of apples from either a tree in their yards you might agree to work for somebody. If you choose to trade for a need, you can save cash for other requirements.
